Electric vehicle Charging Stations Market 2018 Europe, Asia-Pacific, And North America Analysis - Bosch, Bolloré Group, Chargemaster, Delphi, ABB, General Electric, Tesla Motors, Siemen, Eaton, Schneider Electric

Electric vehicle Charging Stations Market 2018 - Forecast to 2023 is latest research report on Electric vehicle Charging Stations Industry published by “’Market Research Future””. Report provides Global Electric vehicle Charging Stations Market Analysis by Size, Share, Growth, Key Players, And Regional with Forecast To 2023.  Global Electric vehicle Charging Stations Market to Grow At 25% CAGR by 2023.

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Electric vehicle Charging Stations Global Market Key Company Analyzed Are:

Bosch Automotive Service Solutions (Germany), Bolloré Group (France), Chargemaster Plc (UK), Delphi Automotive (UK), ABB Ltd (Switzerland), General Electric Company (US), Tesla Motors Inc (US), Siemens AG (Germany), Eaton Corporation (Ireland), and Schneider Electric (France) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global Electric Vehicles Charging Stations market.

Electric vehicle Charging Stations Global Market Highlights:

Report analyzes Electric vehicle Charging Stations Market Information by charging station (AC charging station, DC charging station and inductive charging station), Connector Type (chademo, CCS and others), and by Regions.

Electric vehicles offer great potential to dramatically reduce local air pollution, greenhouse gas emissions and resulting climate change impacts, and oil use from the transport sector. With electric vehicle costs steadily falling, the transition continues to become more feasible. This potential is enabled and made compelling by the ubiquity of electricity and the growing availability of low-carbon, renewable energy sources. Governments, across the globe, are striving to encourage the adoption of electric vehicles. Incentive programs, such as tax rebates, grants, and subsidies, have been launched to promote electric vehicles charging stations.

The increasing adoption of electric vehicles is expected to be more in the passenger cars segment, in comparison with the commercial vehicle segment. The increase in adoption, can be attributed to the growing research & development activities and initiatives undertaken to improve the existing EV models, and make them competitive with the available fuel-powered car models. Whereas, high cost of electric vehicles and the high speculation required in the underlying organization of charging stations are making significant barriers to development.

The global electric vehicle charging station market has witnessed significant growth in recent past. Rapidly rising popularity of electric vehicles among consumers has significantly contributed growth of the electric vehicle charging station market. Increasing awareness among individuals regarding the depleting state of the environment, combined with the substantial advantages of electric vehicles over traditional fuel based vehicles is expected to further fuel the demand for electric vehicles, leading to increasing demand for electric vehicle charging stations. With OEMs focusing on connected electric vehicle solutions for customers with electric vehicles range anxiety, the market for electric vehicle charging stations is poised for rapid growth in the near future.

High initial cost associated with electric vehicles batteries is expected to act as a major hurdle for the electric vehicle charging station market. Although the electric vehicle battery prices have been declining at a steady pace, the batteries still constitute a major chunk of the electric vehicles price, thus alienating a significant customer base. 

Market by Segmentation:

Global Electric Vehicles Charging Stations Market is segmented in to 4 Key dynamics for an easy grasp and enhanced understanding.

Segmentation by Charging Type: AC Charging and DC Charging

Segmentation by Connector: CHAdeMO, Combined Charging System and Others

Segmentation by Application: Residential and Commercial

Segmentation by Regions: Comprises regions - North America, Europe, APAC and Rest of the World.

Market by Region:

This market for electric vehicle charging station has seen substantial growth over the past few years and it has been experienced that the market will remain on the same growth level till forecast period. Among the regions covered, Asia Pacific has accounted the largest market, followed by Europe and North America. Major factors that have driven the electric vehicles market are rapidly increasing sales of electric vehicles, supported by government initiatives and increasing fuel prices raising the demand of electric vehicles. The electric vehicle charging station market is currently flourishing in North America. 

The massive outlay in the development of electric vehicle infrastructure in the form of recharge stations and other policies, are expected to drive the market for electric vehicle charging stations in this region. In North America, the sales of electric car have doubled since 2014, which clearly implies that the demand for electric vehicle charging stations have been rising on a rapid pace. Over the past few years, the sales of electric vehicles have doubled in the US, which means the market will generate ample revenue. The major factors that have driven the US market are rising demand for electric cars, government initiatives and high disposable income. Europe is one of the most promising regions in the electric vehicles market. This market has achieved an ample scope due to the presence of profitable countries such as Germany, UK, France, Norway and others.

Major Table Of Contents:

Table 1 Global Electric vehicle Charging Stations Market: By Region, 2017-2023

Table 2 North America Electric vehicle Charging Stations Market: By Country, 2017-2023

Table 3 Europe Electric vehicle Charging Stations Market: By Country, 2017-2023

Table 4 Asia Pacific Electric vehicle Charging Stations Market: By Country, 2017-2023

Table 5 RoW Electric vehicle Charging Stations Market: By Country, 2017-2023

Table 6 Global Electric vehicle Charging Stations Market, By Type, By Regions, 2017-2023

Continued...

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